Didi Global Inc. plunged 44% on Friday after the company suspended preparations for its planned Hong Kong listing. ( read original story ...)
Singapore Billionaire Ron Sim Revamps V3 Group As Unit Revives Hong Kong IPO
Ron Sim has revamped his privately held V3 Group into three core businesses after its consumer brands segment revived plans to list on the Hong Kong bourse. ( read original story ...)
Flight attendants turned insurance agents boost new policy sales to a five-year high in Hong Kong
Life insurance sales in Hong Kong jumped 25 per cent last year, the highest since 2016, after insurers bolstered staff numbers by recruiting flight attendants laid off amid the Covid-19 pandemic. ( read original story ...)
Hong Kong’s table tennis stars off to a mixed start at US$2 million Singapore Smash event
Doo Hoi-kem and Lee Ho-ching go through in women’s singles, but men’s doubles pair Wong Chun-ting and Ho Kwan-kit crash out. ( read original story ...)
Carrianna Group launches data center in Hong Kong
Hong Kong property firm Carrianna Group has launched a new data center. The company's data center in Kwai Chung industrial area, jointly invested alongside Jun Gao Holdings Company Limited and Dr. ( read original story ...)
Wanda’s Mall Unit Delays $3 Billion Hong Kong IPO
Chinese conglomerate Dalian Wanda Group Co. has put a planned Hong Kong initial public offering for its shopping mall unit on hold, according to people familiar with the matter. Zhuhai Wanda ... ( read original story ...)
Hong Kong’s overwhelmed hospitals are keeping the dead in wards with Covid patients.
For several weeks, bodies have been piling up at hospitals because the city’s public mortuaries, which can take up to 3,000 bodies, are full. ( read original story ...)
Didi plummets 42% and extends pain for Chinese stocks as it halts plan to list shares on Hong Kong exchange
Chinese stocks were already under pressure after the SEC identified five companies that could be delisted if they don't get audited in the US. ( read original story ...)
JD.com, Alibaba Lead Hong Kong Losses After SEC’s Tough Action
Chinese stocks slide as the securities watchdog publishes a list of five U.S.-listed Chinese companies that are noncompliant with their accounting. ( read original story ...)
‘It’s like we are being left to die’: Hong Kong tackles deadliest Covid wave
Dynamic zero-Covid policy’ under scrutiny in region with highest death rate in developed world ... ( read original story ...)
Didi Said to Halt Hong Kong Listing Plan on Cybersecurity Probe
Didi Global Inc. has suspended preparations for its planned Hong Kong listing after failing to appease Chinese regulators’ demands that it overhaul its systems for handling sensitive user data, ... ( read original story ...)
Kirkland & Ellis Loses U.S. Securities Partner to Freshfields in Hong Kong
The move marks the second partner departure from Kirkland & Ellis in Hong Kong in a month. Kirkland & Ellis U.S. securities partner Howie Farn has left the firm to join Freshfields Bruckhaus Deringer, ... ( read original story ...)
Departing Hong Kong residents took US$305 million from pensions in Q4
Residents leaving Hong Kong for good withdrew a total of HK$2.384 billion (US$305 million) from their Mandatory Provident Fund (MPF) pensions in the last quarter of 2021, government data showed, after ... ( read original story ...)
JPMorgan accelerates senior relocations from Hong Kong to Shanghai
JPMorgan has accelerated plans to relocate some of its top investment bankers in Hong Kong to mainland China as draconian pandemic restrictions have made travelling from the terri ... ( read original story ...)